PLEASANTON, Calif.--(BUSINESS WIRE)-- Ellie Mae® (NYS: ELLI) , a leading provider of enterprise level, on-demand automated solutions for the residential mortgage industry, today announced that it was named a "Top 50 Service Provider" in the Spring 2013 issue of SourceMedia's Mortgage Technology Magazine.

"The Top 50 Service Providers are recognized for their accomplishments in four criteria - continued advancement of technology and services, viable revenue model and value proposition to customers, exceptional customer service and unique impact on the mortgage industry," according to the magazine.

In recognizing Ellie Mae, the magazine noted, "Ellie Mae began a pilot program with CitiMortgage to provide tamper-proof versions of borrower verification data on loans sold by correspondent lenders. The Pleasanton, Calif.-based LOS technology developer launched a monthly report of national underwriting standards and other origination trends, and invested to expand its research and development and enterprise data center capabilities."

"Being recognized on Mortgage Technology's Top 50 Service Providers list for the seventh time speaks to Ellie Mae's commitment to advancing technology for the mortgage industry and to continually reinvesting in R&D and infrastructure to better serve our clients," said Jonathan Corr, president and chief operating officer at Ellie Mae. "Today, technology selection is as much about the quality and dependability of the provider as it is about the latest product advancements."

About Ellie Mae

Ellie Mae, Inc. (NYS: ELLI) is a leading provider of on-demand automation solutions for the mortgage industry. The Company offers an end-to-end solution, delivered using a Software-as-a-Service model that serves as the core operating system for mortgage originators and spans customer relationship management, loan origination and business management. The Company also hosts the Ellie Mae Network™ that allows Encompass® users to electronically conduct business transactions with the lenders and settlement service providers they work with to process and fund loans. The Company's offerings include the Encompass, Encompass360® and DataTrac® mortgage management software systems.

Ellie Mae was founded in 1997 and is based in Pleasanton, California. To learn more about Ellie Mae, visit www.EllieMae.com or call 877.355.4362.